§ 3.47   Use of SDRs.

   An accounting authority must accept accounts presented to it from foreign
   administrations  in  Special Drawing Rights (SDRs). These SDRs must be
   converted to dollars on the date of receipt by the accounting authority and
   an  equivalent  amount  in  US  dollars  must  be  paid to the foreign
   administration. The conversion rate will be the applicable rate published by
   the International Monetary Fund (IMF) for the date of receipt of the account
   from the foreign administration. Upon written concurrence by the FCC, any
   accounting authority may make separate agreements, in writing, with foreign
   administrations or their agents for alternative settlement methods, provided
   account is taken of ITU-T Recommendation D.195.

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